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Sunil Hitech Engineers awarded Road EPC projects

worth Rs. 474 crores in Bihar


Mumbai, 19th October 2015: Sunil Hitech Engineers Limited (SHEL) has been awarded two
orders worth Rs. 474 crores in the State of Bihar from Ministry of Road Transport and
Highways, Government of India on Engineering, Procurement & Construction (EPC) Mode. The
order has been awarded to M/s Sunil Hitech - RCM JV and is part of National Highways
Interconnectivity Improvement Project which is funded by World Bank.
The details of the 2 Projects are as follows:
Rehabilitation and Upgradation to 2-lane/2 lanes with paved shoulders configuration and
strengthening of Sitamarhi-Jaynagar-Narahia Section (Km 40 to Km 219.945) of NH-104 in the
State of Bihar for Lot-I km 40.00 to Km 79.40 [NHIIP-BR-104-11] worth Rs. 154.62 crores to be
executed in 24 months from the appointed date
Rehabilitation and Upgradation to 2-lane/2 lanes with paved shoulders configuration and
strengthening of Sitamarhi-Jaynagar-Narahia Section (Km 40 to Km 219.945) of NH-104 in the
State of Bihar for Lot-II km 79.40 to Km 156.50 [NHIIP-BR-104-11] worth Rs. 319.68 crores to
be executed in 30 months from the appointed date
Commenting on the order wins Mr. Sunil Gutte, Managing Director of Sunil Hitech
Engineers Limited said With the receipt of these orders, we are continuing our strategy to
diversify our orderbook which will improve our profitability. Our total Orderbook on Road
Segment is now approx. Rs.1,000 crores comprising of 5 project. The 4 large projects are : one
project in State of Karnataka worth Rs. 122 crores, second project in the State of West Bengal
worth Rs. 322 crores and the recently awarded 2 projects in the State of Bihar worth Rs. 474
crores. All the projects are for Rehabilitation and Upgradation to 2-lane/2 lanes with paved
shoulders configuration and strengthening from existing 2 lane which do not face any major land
acquisition issues. All the projects are awarded by MORTH and are funded by World Bank. The
company is confident of executing the projects on a timely basis with good margins.
Safe harbor Statement
Statements in this document relating to future status, events, or circumstances, including but not
limited to statements about plans and objectives, the progress and results of research and
development, potential project characteristics, project potential and target dates for project
related issues are forward-looking statements based on estimates and the anticipated effects of
future events on current and developing circumstances Such statements are subject to
numerous risks and uncertainties and are not necessarily predictive of future results. Actual
results may differ materially from those anticipated in the forward-looking statements. The
company assumes no obligation to update forward-looking statements to reflect actual results,
changed assumptions or other factors.

About Sunil Hitech Engineers Limited


Incorporated in the year 1984, Sunil Hitech Engineers Ltd (SHEL) has been promoted by firstgen promoter, Mr. Ratnakar.M.Gutte. The current operations are being handled majorly by Mr.
Guttes son, Mr. Sunil Gutte. SHEL is well established player in EPC and Construction of Road
& Bridges, Building works of institutions, hospitals and housing projects, cross country pipeline,
civil & mechanical works of power and steel plants, cooling towers, chimneys, etc, also in
renewable sector. SHEL has presence in 13 states and executing 30 plus projects in the
country. Its major clients include NTPC, BHEL, L&T, JSW, Reliance, SAIL, Adani, Morth, PWD,
Singareni Collieries Company Limited, KDA. The company recently engaged experts from the
field on their board and is on the path of taking its renewable energy and Infra business at a
higher level. For more information on Sunil Hitech Engineers Ltd, please visit
www.sunilhitech.com

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